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Transcripts For BBCNEWS Asia Business Report 20240706



on well established platforms such as facebook and instagram in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost cutting campaign that has so far resulted in 150,000 lay offs across the sector. for more on meta s results and what they say about the state of big tech let s bring in ray wang, founder of tech advisory firm, constellation research. yeah, they showed that the digital add is fine, yeah, they showed that the digitaladd is fine, and i think that s a really important piece. and what you mentioned earlier is important. advertisers are flocking to the big platforms. if you don t have the users and the eyeballs, they are not going to be there. they were able to keep their monthly active users still at 2.99 billion, almost at 3 billion intact, and they were able to drive sales up 3% and give guidance that was much higher in between the 29.5 billion to 32 billion range. and that is coming on the heels ....

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Volaris Cuts Capacity Growth as Pratt & Whitney Engine Issues Ground 16 Planes

Volaris Cuts Capacity Growth as Pratt & Whitney Engine Issues Ground 16 Planes
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Mexico City , Distrito Federal , Holger Blankenstein , Viva Aerobus , Enrique Beltranena , Helane Becker , Pratt Whitney , Airbus Operator Viva Aerobus , Volaris Executive Vice President , Airline Commercial , Operations Holger Blankenstein ,